business ethics

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Last updated 5:18 PM on 8/8/26
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6 Terms

1
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Capitalism

Economic system based on private ownership of making/selling things where businesses compete freely with eachother to make profits

2
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Shareholders

People who invest money into businesses for a share of the profits

3
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Corporate social responsibility

Sense that businesses have wider responsibilities than simply to shareholders (e.g. the communities they work in and the environment)

4
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Whistle-blowing

Employees disclosing wrongdoings to the employee/the public

5
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Stakeholder

A person affected by/in some form of relationship with a business

6
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Consumerism

Set of social beliefs that put a high value on acquiring material things